Papa Johns Intl Inc Stock Price, News & Analysis

Papa John's International (NASDAQ: PZZA) is set to announce its fourth quarter and full year 2021 financial results on February 24, 2022, before market opening. This will be followed by a conference call at 8:00 a.m. ET for discussions on the results. Investors can access the live webcast via ir.papajohns.com or dial in at specified numbers for U.S. and international participants. The company emphasizes its commitment to quality ingredients and operates over 5,500 restaurants in 50 countries, as of September 26, 2021.

Papa John’s (NASDAQ: PZZA) has declared a quarterly dividend of $0.35 per common share, payable on February 18, 2022, to shareholders of record by the close of business on February 7, 2022. This results in an annual dividend of $1.40 per share. The announcement reflects the company’s commitment to returning value to its shareholders.

Papa John’s International (NASDAQ: PZZA) has promoted Anne Fischer to Chief Marketing and Digital Officer, expanding her role to include brand advertising, media activation, and menu strategy. Fischer, who joined in 2015, previously served as Senior Vice President of Customer Experience. Under her leadership, the company saw significant growth in its loyalty program and aggregator partnerships. The move aims to leverage digital marketing for long-term growth, with Fischer emphasizing a commitment to enhancing customer experience and delivering high-quality service.

Papa John’s (NASDAQ: PZZA) has formed a significant partnership with FountainVest Partners to expand its presence in South China. This franchise development agreement will see the opening of over 1,350 new stores by 2040, marking the largest deal in the company’s history. FountainVest also acquired a majority stake in CFB Group, a franchisee operating 160 locations in Shanghai and southern China. This collaboration is expected to enhance Papa John's global footprint, particularly in one of the fastest-growing pizza markets, boosting the company’s unit count by 25%.

Papa Johns has launched a new NY Style pizza, featuring its signature fresh, never frozen dough. This limited-time offering presents eight foldable slices and will be available for all customers nationwide starting December 27 until March 13, 2022, at a price of $13 for a one-topping pizza. Papa Rewards members enjoy early access this week. The company aims to innovate its menu while prioritizing quality ingredients, continuing a trend seen in previous product launches.

Papa John's International, Inc. (NASDAQ: PZZA) has announced its expansion into Sub-Saharan Africa through a franchise partnership with Kitchen Express LTD. The collaboration aims to open 60 restaurants across Kenya and Uganda, starting with four in Nairobi in 2022. The partnership leverages Kitchen Express's retail footprint in Africa, which is supported by their parent company, Hass Petroleum Group. This marks a strategic move for Papa John's to establish its presence in Africa while maintaining its commitment to quality ingredients.

Papa John's founder, John Schnatter, responded to recent changes in the company's brand and store layout. He expressed his satisfaction with the enduring elements of the original brand, developed over 34 years, such as high-quality ingredients and customer service. However, Schnatter criticized the current management for neglecting the brand's core principles and suggested that the company focuses more on quality pizza rather than superficial rebranding efforts. He underscored his ongoing connection to the brand and voiced concerns about the new brand logo changes, deeming them misplaced.